Identity and access control provider ConductorOne announced that it has raised $15 million in a recent Series A funding round, which follows a $5 million seed round in 2021, according to TechCrunch.
ConductorOnes solution aims to address the issues faced by enterprises in controlling permissions and access across complex environments that include cloud and on-premises elements, its co-founders said.
One potential issue is a permissions system malfunction, which can lead to under provisioning that prevents timely access to needed tools or over-provisioning, which retains permissions for users no longer working at the company.
The company says its solution provides out-of-the box integration with popular services including Okta, Datadog, GitHub, Jira and Slack.
The company's co-founder and CEO Alex Bovee said their long-term goal for the firm is to provide a fully-automated access control procedure.
Ahead of its imminent approval, the Biden administration's proposed executive order mandating U.S. cloud infrastructure-as-a-service providers to strengthen the verification of their users' identities has received industry opposition due to the increased financial and logistical burdens that would arise from such a rule, according to The Record, a news site by cybersecurity firm Recorded Future.
U.S. independent record label Empire Distribution, which has worked with Kendrick Lamar, Snoop Dogg, and 50 Cent, had its sensitive data exposed as a result of an environment file misconfiguration, Cybernews reports.